March 2, 2025 – Written by Frank Davies
STORY LINK Pound to Dollar 2025 Forecast Update: 1.19-1.29 Analyst Ranges
Foreign exchange analysts at Wells Fargo have adjusted their forecasts slightly with reduced scope for dollar gains but still expect the Pound to Dollar exchange rate (GBP/USD) will retreat to 1.23 at the end of 2025 with further losses to 1.19 the following year amid dollar strength.
After a near-term dip below 1.20, UBS still forecasts GBP/USD gains to 1.29 at the end of this year as the US currency comes under pressure.
GBP/USD…
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